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Newsletter 72 - 06/05/2016
Eurozone finance ministers and representatives of Greece’s other lenders are due to meet in Brussels
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Greece and lenders edge closer at Eurogroup but standby measures, debt relief not resolved yet
PoliticsGreek Politicsincluding longer grace and payment periods before the May 24 meeting of eurozone finance ministers
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Eurozone sets out proposals for staggered debt relief for Greece
EconomyProgrammeThe Greek government was encouraged by the public references to debt relief following Monday’s Eurogroup in Brussels, although it was made clear that no real steps should be expected before the next gathering of eurozone finance ministers on May 24 and that any interventions would be spread over
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Greek stocks jump 2.8 pct during week on improved market sentiment
EconomyGreek equities headed north by 2.8 percent this week, following another rise last week, as they were helped by increasing hopes that Greece and its lenders will conclude the bailout review at the next Eurogroup on May 24. Eurozone finance ministers welcomed on Monday the voting of a bill including
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Privatisation chief hopeful of reaching 2016, 2018 targets as several sales near conclusion
Economy) presented to the eurozone finance ministers at the May 9 Eurogroup by the European Stability
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Budget primary surplus of 2.38 bln by April, continues to beat target due to restricted spending
EconomyMacroeconomyGreece’s budget primary surplus reached 2.38 billion euros in the 4-month period of 2016 from 2.1 billion in the corresponding period last year, according to the Finance Ministry (MoF) preliminary budget execution bulletin published on Thursday. The headline figure represents an outperformance
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Current account deficit more than halves to 708 mln in March
EconomyMacroeconomy. This reflects a share purchase worth 245 million of NBG Finance PLC by NBG and a purchase of 55 million
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Primary cash surplus improves to 2.93 bln at end of April
EconomyMacroeconomyfigures that were published by the Finance Ministry on Thursday, which are calculated under
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New rules on sale of NPLs come into play after approval of omnibus bill
EconomyProgramme, Justice, Labour and Finance. It will chaired by the economy minister. The council is to convene at least
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Central government debt edges down to 321 bln in Q1
EconomyGreece’s central government debt eased to 321.01 billion euros in the first quarter (Q1) of 2016 from 321.33 billion in Q4 2015, according to the Finance Ministry (MoF) debt bulletin. The quarterly movement is fully attributed to a drop in the Financial Stability Mechanism (FSM) loans by 1.42
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